Japan - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIodine Price in Japan - 2023
Contents:
- Iodine Price in Japan (FOB) - 2023
- Iodine Price in Japan (CIF) - 2022
- Iodine Exports in Japan
- Iodine Imports in Japan
Iodine Price in Japan (FOB) - 2023
In July 2023, the average iodine export price amounted to $52,419 per ton, with an increase of 6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.0%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices hit record highs in July 2023.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Vietnam ($67,030 per ton), while the average price for exports to Germany ($32,339 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Iodine Price in Japan (CIF) - 2022
The average iodine import price stood at $19,238 per ton in 2022, falling by -42.7% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21% against the previous year. The import price peaked at $65,657 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +0.7% per year.
Iodine Exports in Japan
In 2022, exports of iodine from Japan amounted to 5.1K tons, remaining constant against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.2% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, iodine exports surged to $195M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iodine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 26.4 | 26.3 | 28.7 | 43.7 | 18.3% |
| India | 16.9 | 20.3 | 23.9 | 32.2 | 24.0% |
| China | 20.3 | 26.5 | 27.9 | 28.7 | 12.2% |
| United States | 9.8 | 10.7 | 10.5 | 19.1 | 24.9% |
| Italy | 9.2 | 13.4 | 14.1 | 17.7 | 24.4% |
| Germany | 11.1 | 12.5 | 13.0 | 16.8 | 14.8% |
| United Kingdom | 7.1 | 7.2 | 8.1 | 9.7 | 11.0% |
| France | 8.1 | 8.3 | 7.1 | 9.4 | 5.1% |
| South Korea | 3.2 | 4.0 | 5.7 | 5.2 | 17.6% |
| Others | 7.3 | 9.0 | 12.1 | 12.1 | 18.3% |
| Total | 119 | 138 | 151 | 195 | 17.9% |
Top Export Markets for Iodine from Japan in 2022:
- Norway (1458.0 tons)
- China (698.7 tons)
- India (650.4 tons)
- Germany (511.0 tons)
- United States (449.0 tons)
- Italy (442.0 tons)
- France (274.4 tons)
- United Kingdom (216.6 tons)
- South Korea (139.7 tons)
Iodine Imports in Japan
In 2022, purchases abroad of iodine decreased by -86.8% to 16 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a dramatic decline. The growth pace was the most rapid in 2020 when imports increased by 146%. As a result, imports attained the peak of 237 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, iodine imports dropped markedly to $309K in 2022. Overall, imports saw a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 198%. As a result, imports reached the peak of $7.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Iodine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.5 | 0.9 | 0.4 | 0.3 | -15.7% |
| Chile | 2.0 | 6.2 | 3.6 | N/A | 34.2% |
| United States | N/A | 0.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.5 | 7.4 | 4.1 | 0.3 | -50.7% |
Top Suppliers of Iodine to Japan in 2022:
- Taiwan (Chinese) (16.1 tons)
This report provides an in-depth analysis of the iodine market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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